The FIDO Alliance is a group of technology vendors that has grown significantly over the last year. It includes chip manufacturers such as ARM and Qualcomm, financial institutions such as MasterCard, PayPal and Visa, security companies such as RSA and EyeLock and IT vendors such as Microsoft, Samsung and Dell.

One of the goals of the FIDO alliance is to move away from the simple password to more secure types of user authentication. Biometrics have long been hailed as the future but have been slow to take off despite manufacturers including them in an increasing number of devices. The most common type of biometric devices use fingerprints but many early devices are easily defeated.

The EyeLock myris uses the Iris rather than the retina to identify the user. To understand the difference between the two, read this article. One of the most important issues surrounding biometric security is the risk of a False Accept Rate (FAR). EyeLock claims that myris has a FAR of 1.5 million based on a single eye authentication.